Services performed generally at manufacturer's suggested intervals where stated. Other services done at selected intervals. Cost per service is based upon industry-standard service times and national labor rate averages. Parts prices are based on manufacturer's suggested list price where available.

$101

$240

$515

$655

$452

$1,963

Repairs

Based on extended service contracts that will pay for repairs for at least 5 years or 70,000 miles with zero deductible. Service contract pricing is adjusted down for reasonable profit and a longer than standard manufacturer warranty.

$0

$0

$74

$161

$326

$561

Fuel

U.S. Government EPA mileage figures. Mileage is 60% highway driving, 40% city. Fuel cost per gallon is $3.48 for unleaded regular, $3.64 for unleaded mid-grade, $3.80 for premium, and $3.89 for diesel (subject to inflation of 1.60%). (Based on Energy Information Administration U.S. 6-month average self-service regular, mid-grade and premium gasoline and diesel prices.) For the Best Deals monthly analysis, 6-month rolling average fuel costs are used.

$1,065

$1,082

$1,099

$1,117

$1,135

$5,498

Depreciation

Based on the assumption that you keep your vehicle for 5 years, after which time you sell it in a private party transaction (not sold to a dealer). Also assumes that the vehicle is in good condition with 70,000 miles (14,000 miles per year).

$7,476

$2,799

$2,679

$2,416

$2,071

$17,441

Financing

Assumes 10% down payment on a 60-month loan and an annual interest rate of 4.41%

$1,071

$853

$626

$389

$138

$3,077

Insurance

Due to the extremely varying nature of insurance costs, the figures listed in this report are estimates for comparative purposes. We assume the following:

principal operator is under age 65;

all drivers have more than six years experience with no chargeable accidents;

vehicle is for personal use;

lives in a suburban/urban community, with:

Collision:$500 Deductible

Comprehensive:$500 Deductible

Medical:$25,000

Property:$50,000

Personal liability:$100,000/$300,000

Uninsured driver:$25,000/$50,000

$1,443

$1,443

$1,443

$1,443

$1,443

$7,215

State Fees

State Fees includes title and registration fees and are based on a sales weighted average for all states. Registration fees vary depending on the weight, price, and class of the vehicle.

$117

$78

$77

$71

$70

$413

Yearly Totals

This is the total cost of ownership for this vehicle over 5-years and 70,000-miles.

Ownership costs are the costs to purchase and operate a vehicle over a period of time. Understanding these costs may enable you to save money and help you make a wiser decision when choosing your next new car.

Regardless of the “value” claims that you may read in car reviews or hear in advertisements, the economic value of a car is based on how much it will cost to own and operate compared to its purchase price. In a sense, purchase price is “what you pay” and the ownership costs are “what you get.”

Ownership costs can differ greatly. The cost to own and operate two different vehicles with equal purchase prices can differ by thousands. Of course when evaluating ownership cost for used cars and trucks, a vehicle's condition and mileage will greatly impact ownership costs, therefore it's important to compare similar vehicles in similar condition for an accurate picture.